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FedericoSellitti

USDJPY breakout of rising wedge!

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
FedericoSellitti  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY USD jpy Wedge Rising Wedge wedgebreakout breakout uptrend
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trendanalysis chartpattern indicator usdjpy usd jpy wedgepattern risingwedge wedgebreakout breakout uptrend
For the past 2 weeks, many traders have tried to join the uptrend on USDJPY.
Is it still a good idea? Maybe not anymore. The chart analysis on the M15, shows that we just had a breakout of a rising wedge that seemed to be very strong.
Not going to trade with any short position, but I will not even plan long positions for this week.
Find out more at www.itstradingtime.com/
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